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Search Results 37 to 73 of about 183 (some duplicates have been removed)
MSNBC
Jan 14, 2013 9:00am PST
president does not want to have these protracted fights over the debt ceiling because you have something that's so damaging if you can't reach an agreement and both sides ultimately know they have to get to some level of resolution so it becomes such a bad way to negotiate. the president institutionally would love to either get control of that, which he is unlikely to get, or to just make it a separate issue and then let them -- himself included -- all debate the deficit independent of raising the debt ceiling. he is making an argument. he is appealing directly to the american people about this. this press conference was mostly an argument about that very point, but at the same time you heard the president say that he is willing to make modifications to medicare. i know talking to other people close to him privately that that's very much on the table for him. so i think he would be open to looking for a way to now addressing entitlements, addressing some additional spending, and probably like some tax reform as well and keep the issue of revenue alive even if at the end of the day that has to b
CNBC
Jan 14, 2013 4:00pm EST
something on the debt ceiling. so we're seeing the administration across the board acting in a very conservative way today. >> thank you very much. >>> up next, he spent millions of his own money warning about dangers of socialism. now the next crisis in washington. tom peterffy will join me next. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on
Current
Jan 11, 2013 3:00pm PST
have suggested that the president should simply declare the debt ceiling to be unconstitutional. is that something that he should look at? >> they have rejected that in statements from the white house, and i think they are right to reject that. lawrence tribe very serious constitutional scholars have written op-eds about this idea and concluded, i believe correctly in my reading that doing so would be probably an unconstitutional act by the president. and it is not necessary. what you want to do is win a political struggle without turning the next two years into a constitutional crisis. >> jennifer: right. it is so interesting that there are an array of options before the president so he can say i am not going to negotiate the debt celling. very interesting. ed kleinbard offering another idea which seems to have some precedence. thank you for joining us inside "the war room" again ed. really appreciate it. >> thank you, governor. >> jennifer: up next, marijuana is still illegal in this country and there are some who aim to keep it that way. that story is next right here in "the war room." ♪ >> three,
MSNBC
Jan 14, 2013 11:00pm PST
debt ceiling if we -- there's two separate questions here. one -- and there's two separate ideas of is there something to negotiate. one is debt ceiling, and what the president is saying there's no discussion on that. on the government shutdown, there seems to be a different tone from the president. i'll get to that in a minute, but on debt ceiling, you're absolutely right. when you take that sentence, what he was trying to say, because he's not talking about having plan "b"s in his back pocket, things like minting coins, 14th amendment, which senate democrats are begging him to do. he's saying, no, if we default, he wants to make it clear then republicans will have decided not to send out social security checks, not to pay our military, not to do these things, so you're right -- he's hoping that the political blame -- now, the irony here, chris, is senior republican leaders, they agree with the president on that. they know that that's a politically bad place for them to be. the question is it's going to shift to the government funding and shut down going forward, and there talking to aides, they get --
CNN
Jan 10, 2013 11:00am PST
. something you need to know as the debt ceiling debates unfolds and something we will be watching. the backlash to the gun industry over last month's mass shooting in connecticut is growing. yesterday wal-mart took a beating over the decision to dodge the white house's invitation to talk about guns. today, now one of the largest public pension funds out there for school teachers said it will divest itself of investments in makers of firearms and ammunition that are illegal to purchase or own in the state of california that has some of the toughest gun laws in the country. christine romans has been following this. what's the latest? >> the largest retirement fund for teachers in the world, the retirement system will sell its stock in gun manufacturers. you may recall after the newtown shooting, teachers in california were shocked to learn that their investments, row tirement investments were in the manufacture of the gun used to kill the students and teachers in newtown, connecticut. here's what they said. this incident occurred@sky that involved educators and the children we cheri
CNBC
Jan 14, 2013 2:00pm EST
like that message either, but he said the idea that the debt ceiling could be used as ref wrath or a hostage situation to achieve a long-term debt solution is something he won't do. >> the united states of america not paying its bills, is irresponsible. it is absurd. as the speaker said two years ago pb it would be, and i'm quoting speaker boehner now, a financial disaster not just for us but for the worldwide economy. >> now what the president also challenged republicans to do was it come up with their own plan if they don't like his. house speaker boehner answered back very quickly and said the house republicans are going to do what responsible. we will keep the government running. meet our obligations and cut spending. so the question now, if the president is going to succeed as what we called breaking the habit, somebody has to break him. we will find out in a few weeks. we know the debt ceiling and extraordinary measures that the treasury is taking right now could be exhausted in as little as one month from now. >> coming down to the wire again. john harwood, thank you we much. >>> let's bring in our own steve liesman. column nest at the american i
Current
Jan 14, 2013 4:00pm PST
debt cereal something not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. the issue here is whether or not america pays it's bills. we are not a debt-deep nation. >> cenk: i like it. now normally i say it should have been stronger, but it was pretty strong and he made his point very good. it continues. >> obama: this is not an implicatedcomplicateed subject. you don't go out to dinner, eat all your want, and then leave without paying the check. if you do, you're breaking the law. and congress should think about it the same way that the american people do. >> cenk: i like it, man. i do. that's exactly right analogy. you know, of course, i'd go further, but i would every time, right? i'd say listen, the republicans spent this money. they spent it in tax cuts for billionaires and millionaires, they spent it in the iraq war afghanistan, the great majority of this money was spent by george w. bush. now i'm going to make them pay the bill. i would tur
MSNBC
Jan 7, 2013 7:00pm PST
also increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. ] up high! up high! [ sighs ] [ chuckles ] yo, give it up, dude! up high... ok. up high... ok. high! up high!!! ok ok that's getting pretty old. don't you have any useful apps on that thing? who do you think i am, quicken loans? [ chuckles ] at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. this great tool answers your home loan questions organizes your results, and lets you calculate with the confidence of a rocket scientist. you can even take notes and add photos of your favorite homes! it's the 21st century way to make your next home refinance or purchase easy. download it today from the app store or google play... the mortgage calculator by quicken loans... one more way quicken loans is engineered to amaze. ♪ >>> john brennan is the man president obama nominated to run the cia. he is also
MSNBC
Jan 7, 2013 10:00pm PST
increase the debt ceiling. so no, congressman salmon, it is not about time that we have a debt ceiling shut down. it is about time we do something to make sure that never happens. >>> john brennan is the man president obama nominated to run the cia. he is also the man who helped create america's policy of drone war fare. that is next. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure, or if, while on enbrel, you experience persistent fever, bruising, bleeding, or paleness. [ phil ] get back to the things that matter most. ask your rheu
CSPAN
Jan 15, 2013 7:00am EST
to aa1. if we had the dictator in chief to raise the debt ceiling and they don't do anything about spending, we're getting downgraded. he is working against the interest of the people by doing that. we have to do something about spending. host: people are saying there are several different fights happening. there's the debt ceiling, whether or not to raise the debt ceiling. some are talking about shutting the government down when the continuing resolution that authorizes spending for this government runs out, that he would negotiate then on this whole issue of spending cuts and new revenue. and if you cannot get a deal, then you let the government shutdown. some republicans are laying the groundwork for that. then you have the sequestration that was delayed under the fiscal cliff deal. so there are more than one battle happening. where do you think the negotiations should take place? should be the debt ceiling or the continuing resolution to fund the government or sequestration? caller: the continuing revolution to keep the government going -- resolution. there are many departments we don't need. i was showing my grandchildr the debt clock, telling him how much money he would know when he becomes a taxpayer.
FOX Business
Jan 15, 2013 1:00pm EST
the debt ceiling that is something that moved front and center very quickly and will remain right in front of every day's trading in the minds of investors and the traders here on wall street. today the dow is down about 12 points after being higher four days in a row. the s&p has been lower. we had the back and forth action, much of the same today. when i talk to traders about the action we've seen, sometimes they're saying that the moves to the downside haven't been decisive. which then tells them that maybe the market needs to test recent highs before it can really sell off. trying to move lower and it can't. be wary of highs that sell into the profits. let's look at apple, a name we can focus on. nomura cut the price target. they reduced to 530 from 660. right now 487.16. these are the lowest levels since basically february of 2012 and obviously they had to cut their supply orders. back to you. tracy: you said yesterday, ubs kept their 700 target as well. people still have confidence in apple. lori: maybe an entry point around below 500? so back to the debt ceiling. a lot of peop
MSNBC
Jan 15, 2013 8:00am PST
, president obama is readying for a fight on the debt ceiling, or maybe not. will he be able to coax republicans in congress to do something, anything, or will the party of no take a page from its 2011 playbook? we'll dance on the debt ceiling with andrew ross sorkin, ryan grim, steve, and joy reid. plus, telemundo weighs on in immigration reform and whether the gop can get it together. after that, slate's talks about the hurdle of american workers and employees who are cutting hours to avoid paying for employee health care. we'll discuss lance's lies with investigate i sports journalist sell evena roberts. all that when "now" starts in a mere 180 seconds. you peace of mind. unbiased. some brokerage firms are. but way too many aren't. why? because selling their funds makes them more money. which makes you wonder -- isn't that a conflict? go to e-trade. we've g0t over 8,000 mutual funds and not one of them has our name on it. e-trade. less for us. more for you.
FOX News
Jan 6, 2013 10:00pm PST
going to be a fight over the debt ceiling we know the money has running out at this point and they have to do something and republicans have held it out during the fiscal cliff negotiations as the next best opportunity to negotiate and democrats need their votes to get that ceiling raised, but the white house says we're not going to negotiate and there's not going to be a fight. >> that's not what the republican said is saying. john boehner, speaker boehner after not getting half of his caucus, having to depend on democrats for the fiscal cliff vote is now saying that we gave in on taxes, now it's time for spending cuts, serious entitlement reforms, which is where, you know, the the bulk of our long-term fiscal problems are. and this is going to be used, the debt ceiling is going to be used to get cuts. mitch mcconnell has said something similar. so you have the president saying one thing, but those in the house and senate, the republican leaders, saying something completely different. >> shannon: yeah, they think this is going to be all about spending ab that's the comfort. house minority leader nancy pel
FOX News
Jan 10, 2013 11:00pm EST
cut back spending isn't going to give you the authority to raise the debt ceiling unless you give us something back which means you cut entitlements a little bit or you do this, that, and the other thing. what do you think is likely to happen there? >> well, that is really an unprecedented situation. you know, we have had the debt ceiling raised over 70 times in the last 50 years. congress has always dutifully done its job and raised the debt ceiling under divided congresses and divide government. democrats and congress raised the debt ceiling 12 times for president reagan upon his request. what's unprecedentside that we have never seen congress try to use the debt ceiling as a tool of negotiation. that violates. >> bill: we have a frightening amount of debt now. $16.5 trillion. and i gave you the stats up top about president obama's spending more than every other president combined. so that it's a different situation than it was under ronald reagan. now, i understand that the president can't order congress to raise the debt. he can't do that by any order. buff he can ignore it it he can -- don't w
CNBC
Jan 8, 2013 7:00pm EST
that he is going to use the debt ceiling to ill elicit this budget is scary. bringing this budget through to expose deficit spending, that is something that democrats will remind voters, but the idea that we are going to use the debt ceiling is scary. the senators said wouldn't it send a message to the american people. >> katie, i asked him about the failure of the senate to make the budget. why they haven't done it for 1350 days. if blake won't answer it, maybe you can. >> i think senator sessions was correct in saying if the democrats put forward a budget they will have to show the american people what they are spending their money on and it is not going to look pretty. it is either a slow march to death or a short march to death. and one thing that isn't talked about a whole lot with harry reid and his illegal moves not to introduce a budget for 1300 plus days is the fact that he has created financial crisises year after year after year. and the deficits that we see are direct responses to the senate producing a budget. >> down in texas, they reported if i'm not mistaken, they have strong economic growth and have lowered taxes and incr
CNBC
Jan 9, 2013 3:00pm EST
once the debt ceiling debate is figured out and get some of the issues out of the way. >> we've lived in this environment for the last 18 months, one big disaster after another. everyone is waiting for the policy response, comes at the 11th hour and 59th minute. this is a pattern everyone has gotten used to but the fiscal cliff and the debt ceiling are the last big tail risks we think of the tail risks that we have to worry about, saw we would say once we get past that over the next several months we think it will lift a little bit of a cloud and investors will take risks. >> good to see you. >> good to see you. >> thanks so much for joining us. >> bob, thanks to you as well. ten minutes to go before we close it up. the dow jones industrial average holding on to a gain of 50 points. >> well, this herbalife soap opera is continuing. herb greenberg is coming up. all over the big move in the stock. take a look. up 3.25% right now. we'll show you what's behind it. >> and can you believe the iphone was only introduced five years ago? it is true. five years ago today, in fact, so here's a t
PBS
Jan 8, 2013 12:00pm PST
the same able to. >> rose: so where do they move to now. the debt ceiling extension is, what, a month or so off. david, help me on this. is that what they have to address first or is this something else that must be addressed before you get to the debt ceiling extension question? >> the debt ceiling is likely to come first. the funny thing is at this point to some extent there aren't any external deadlines they absolutely have to meet. these are all created by washington. historically the debt ceiling was not an occasion for a big policy change. it became one in 2011, the republicans successfully made that happen. but they could easily extend the debt kreiling the way washington has in the past. in some ways the bigger thing is the sequester. it was supposed to be january 1, they pushed it back to march 1. substantial cuts. not overwhelming but substan tomorrow domestic programs and the military. most people don't want them take effect and the question is can they come up with something else that would bring down the deficit instead of across-the-board sequester cuts scheduled for march 1. >> rose: i watched over the weekend the talk shows and mitch mcconnell, the leader of the repub
PBS
Jan 7, 2013 11:00pm PST
some of these up coming deadlines, like the debt ceiling. and they didn't get one of those bigger deals. instead they got something in which obama won a pretty significant tactical victory. almost all the policies are vastly more to his liking than the republicans. but he didn't get any of these other deadlines taken off the table and that's a big risk for him cause now the republins have the potentialf using the debt ceiling and possibly the sequester, these automatic budget cuts that will start taking effect in march, to really force big spending cuts and if obama doesn't agree potentially it will cause him substantial economic damage. >> rose: austan, i've talked to people who are wonderful negotiators and they always say to me "you've got to give the other guy something, it's never, never i win-you lose." did the president make a mistake by not at least giving republicans some spending cuts that they would have been able to take home? >> i d't know if i totally agree with that inhis circumstance in that they -- the democrats moved on what level the higher tax rates were going to apply to. it strikes me that we've
MSNBC
Jan 14, 2013 10:00pm PST
explain to congress. >> i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they have already racked up. but to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it is absurd. the full faith and credit of the united states of america is not a bargaining chip. and they had better choose quickly because time is running short. >> house republicans continued to threaten to use the debt ceiling as a bargaining chip. house republican conference chairwoman kathy rogers told "political" i think it is possible we would shut down the government to make sure that president obama unde
MSNBC
Jan 12, 2013 4:00am PST
about the debt ceiling. democrats are saying bypass the house entirely. something about invoking the 14th amendment. how would that work? >> the white house press secretary jay carney said a couple of times that the president would not do that, but you saw senate democrats yesterday, specifically a strong worded letter from harry reid saying you have to do this. we have to figure out a way, can't get caught up in this. that's one option, the other option is the so-called trillion dollar coin, which the white house isn't ruling out. jay carney laughed it off this week, but wouldn't rule it out. and that's interesting. out there. another option. >> and the timeline, rachel, on the fight. how is that playing out? >> three fights colliding in washington now. you will recall the sequester got only pushed back by only two months after the last fiscal chief fig cliff fight. that expires in march. the debt ceiling fight, that has to be raised by sometime mid-february, and we have this very consequential fight coming up that nobody seems to know an exact date at this point. awaiting further i
MSNBC
Jan 14, 2013 11:00am PST
protracted battle over the debt ceiling at all. it wasn't a big issue. i was covering politics for nbc at the time. the debt ceiling increase was seen as a procedure and a very partisan vote then but not something you were reporting on for weeks and months like we have in 2011 then and now on the debt ceiling debate and, of course, what happened in 2011 was a loss to the nation's credit rating. there's big differences between 2006 and now. >> and also, to factor in with the differences you pointed out is how much the president has offered in negotiations. as far as cutting spending, not as if it's been a zero sum game from the white house regarding the nation's spending problem and an acknowledgment of that. >> one of the messages president obama is trying to get across today how much is cut in spending, whether it was in that 2011 debt ceiling agreement in the budget control act, whether it was also the revenue that was increased with the end of the fiscal cliff talks that we had right at the beginning of the new year, tamron. so, president obama said, look, we have really cut a lot of spending. there's more that he would like to be able to do but that it would be ludicrous to suggest there's no s
MSNBC
Jan 15, 2013 12:00pm PST
trillions of dollars in cut, billions of dollars in cuts. that's new, using the debt ceiling as a bargaining chip but along the same lines i have noticed something maybe. that the ground is shifting here in terms of where the house republicans looking for the leverage in the upcoming fights over medicare, medicaid and entitlements and talking about the debt ceiling as beverage and then the continuing resolution funding the government and coming up for exwe ration in march and going up to the deadline, past that deadline, it is not good, results in a government shutdown, a temporary government shutdown and nowhere near as catastrophic in terms of debt default. do you sense that's where the debate is shifting? republicans more likely to take a stand along the continuing resolution than the debt ceiling? >> they're backing off from this notion we are not going to prove the debt ceiling. i think the reason is as opposed to the fiscal cliff where kind of corporations and the republican intellectual establishment when's left of it sort of saying, you know, do a deal. come together. rise above. all that sort of stuff but not really getting in to the specific
FOX News
Jan 15, 2013 8:00am PST
coverage of the debt ceiling and the explosion in the debt that began back then? >> the media is not lazy when they are looking for something that they want to look for. remember, this is the same media that dug up one of rick santorum's wife's exboyfriends from high school. the media is not lazy when they want to find something. they don't want to find this on obama. he's their guy. and it is a liberal by as, because if they wanted to find it they could find it, they choose not to. no excuse. jon: ellen i'm sorry are go ahead. >> there is just no excuse for it. he walked back some of what he said in 2006, essentially by saying, well when hour a senator you vote for different things than when you're president. really it was just a protest vote, and it was meaningless, and, you know, again that does -- >> look, look, that was an absurd response. that is just not true. you have to be held accountable for your votes and your actions, and we held president bush accountable, and president obama can say i've had a change in heart, and then give the reasons, but don't belittle your vote. jon: i want to turn your attention to another to
CBS
Jan 14, 2013 5:30pm PST
president called on congress to raise the debt ceiling so the country can pay its bills. >> we have to do something sensible and we shouldn't be doing this on a one to three- month time frame. why would we do that? this is the united states ofajor america, major.in we can't manage our affairs in our such a way that we pay our bills and provide certainty in terms of how we pay our bills. i don't think anybody would consider my position unreasonable here. >> pelley: speaker john boehner said the republican-controlled house will pass what he called "responsible legislation." but he said the american people do not support raising the debt ceiling without cutting government spending. we have learned tonight that former cycling champion lance armstrong is in discussions to return a part of the millions of dollars that his team received from the u.s. postal service. and he has indicated a willingness to testify against others involved in illegal doping. armstrong's u.s. postal sponsorship prohibited doping. last year armstrong was stripped of his titles after an investigation found systemic drug use on the team. t
CNBC
Jan 9, 2013 6:00am EST
foresee something like that with the debt ceiling. then you could see something like that in june and 2014 doing the same stuff. >> i think the republicans will be much tougher on the debt ceiling. >> does that make you happy? >> it does. i want to see one dollar of entitlement cuts for every dollar the debt ceiling is raised. >> you're not normally this mean, this nasty. >> i'm with you and you inspire me. >> you know what, we are coming together somewhere in the middle. you know what we're doing in a word, two words, we're rising above, dude. you got your pen? get you a pen. we're rising above. where's yours? we'll get you one. >> byron, i want to go through some of your predictions. >> surprises. >> surprise predictions, surprises that could come up over the course of next year. you spend a lot of time trying to figure out what the market's doing and consensus is and where it could be taken off guards in some places. i want you to react. start with number 10, that eu structural problems we main unresolved. when i first heard that, i don't think they will be unresolved. you're right
FOX News
Jan 14, 2013 3:00pm PST
raising the debt ceiling. >> reporter: recent years a genuine threat not to do so. >> raising the nation's debt ceiling, the president told reporters is a necessity caused by spending in the past. not something to trade with congress for spending cuts in the future. >> they can act responsibility, and pay america's bills. or act irresponsibly and put america through economic crisis. >> treasury secretary geithner says accounting maneuvers let us hold out till march and obama suggested he is prepared to hold out longer by prioritizing what bills the government paid. >> social security checks and veteran benefits will be dela delayed. we might not pay the troop or honor contract. >> republicans reacted swif swiftly. john boehner said consequences of failing to increase the debt creeling are real but so, too, are the consequences of allowing our spending problem to go unresolved. the republicans challenge the notion that going through default. >> the default occurs if we don't pay interest that accrues on the national debt. that is not going to happen. we have enough revenue to cover that. >> looks at the void of series of spending cuts that kick in marm 1. it must refund most government programs
CBS
Jan 13, 2013 8:30am PST
. money, we've got the debt ceiling argument coming up here. the government's going to run out of money at the end of february if something isn't done. do you see more of the same what we saw during this fiscal cliff or is this something better on the horizon. >> wouldn't that be great if i could say yes but i can't say yes. remember when the election ended and it looked like this was going to be an era of compromise. john boehner came out and said of course we want to work with the president. the president said of course we want to work with the public. that was shattered within about 20 minutes after both men said that. and so i don't think we're looking at compromise anywhere, it's really about who can get their way by trying to intimidate the other side more. so democrats not the president but other democrats saying hey here's a way that's not compromise. we're going to print a coin, a trill undollar coinen dollar coin. think of this sort of establishment republican saying how about a partialual shut down of the government to get what we want. so we're not looking at all about compromise. it now seems like one side is just
PBS
Jan 14, 2013 4:30pm PST
the debt ceiling and he once again said there was no way he'd negotiate with congress about something it should do anyway. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> reporter: republicans called the president hypocritical for saying he will not negotiate over the debt limit while blasting republicans for refusing to negotiate. and they fired back that the debate over the debt ceiling was the perfect time to consider legislation to cut spending. at the same time, only a handful of republicans have actually said they'd let the united states default on its bills. >> t predent claims this, but republicans have always raised the debt ceiling. we've never seen the debt limit fail to be raised. all they have said is we want to apply the same criteria that the president himself applied when he was a senator and say we don't want to give the president a blank check. we would like to fix the subs
Search Results 37 to 73 of about 183 (some duplicates have been removed)